Estimates

(Reuters) – Florida-based Universal Insurance Holdings Inc on Tuesday forecast a gross loss of nearly $1 billion from Hurricane Ian, some of which will be covered by its reinsurance program. …

(Reuters) – Jefferies Financial Group Inc on Wednesday beat analysts’ estimates for third-quarter profit as robust performance in its merchant banking unit helped cushion the blow from sluggish dealmaking. The …

SAO PAULO – JBS SA , the world’s largest meatpacker, posted an almost 10% drop in net profits, to $766 million, driven by the relative weakness of its U.S. beef …

AMSTERDAM -Dutch bank ABN Amro beat analyst expectations on Wednesday with a jump of 21% in second-quarter net profit to 475 million euros ($485 million), as the release of previous …

(Reuters) – Ralph Lauren Corp on Tuesday beat Wall Street estimates for quarterly revenue, helped by firm demand for its higher-priced clothing and accessories from affluent consumers in the United …

DUBAI – Saudi Arabia’s gross domestic product rose by 11.8% in the second quarter compared with the same period in 2021, according to initial government estimates on Sunday, as the …

(Reuters) – Spain’s second-quarter economy expanded 1.1% over the previous three months to top growth estimates on robust overseas demand for the country’s goods and services, preliminary data showed on …

(Reuters) -Canadian retail group Loblaw Cos Ltd reported quarterly revenue below estimates on Wednesday as high inflation forces consumers to rein in discretionary spending. With prices for gasoline and food …

By Fabian Cambero SANTIAGO – Chile’s government on Tuesday sharply increased its estimates for the country’s inflation in 2022, saying it now expects an 11.1% rise, against an 8.9% rise …

By Gabriel Araujo and Camila Moreira SAO PAULO – Industrial output in Brazil rose 0.3% in May from April, government statistics agency IBGE said on Tuesday, the fourth consecutive monthly …

By Jonathan Allen (Reuters) – A study published on Friday estimates that nearly 1.64 million people over the age of 13 in the United States identify themselves as transgender, based …

(Reuters) – Canada’s Dollarama Inc beat estimates for quarterly sales on Wednesday as surging inflation fueled demand for the discount store’s groceries and household essentials. Top North American dollar stores …

(Reuters) – JPMorgan on Wednesday cut its expectation for U.S. real gross domestic product for the second half of 2022 and for 2023. The firm’s economic and policy research department …

SHANGHAI -China’s auto association estimates that sales in April dropped 48% year-on-year, as zero COVID-19 policies shut factories, limited traffic to showrooms and put the brakes on spending. The estimate …

By Simon Jessop and Tommy Wilkes LONDON – Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing nothing to …

(Reuters) – Canadian retailer Loblaw Cos Ltd missed Wall Street estimates for first-quarter revenue on Wednesday, signaling that pandemic-led demand for groceries and drugs were waning from its peak. Consumers …

(Reuters) – Insurer American International Group Inc reported a nearly 17% rise in quarterly profit on Tuesday that topped market estimates, as strong underwriting gains and lower catastrophe losses cushioned …

By Liz Hampton and Arunima Kumar (Reuters) -U.S. shale producers Devon Energy, Diamondback Energy and Coterra Energy on Monday reported sharp increases in profit that beat Wall Street estimates, but …

WASHINGTON – Physical damage to Ukraine’s buildings and infrastructure from Russia’s invasion has reached roughly $60 billion and will rise further as the war continues, World Bank President David Malpass …

By Amruta Khandekar and Bhanvi Satija (Reuters) -UnitedHealth Group Inc on Thursday modestly raised its 2022 profit forecast, saying demand for healthcare procedures deferred during the pandemic was approaching normal …

By Hilary Russ NEW YORK – Wall Street analysts have slashed their forecasts for McDonald’s Corp’s 2022 and 2023 profit, the latest sign that some Western companies stand to take …

STOCKHOLM/BERLIN – Deutsche Telekom reported quarterly core profit and revenue above market estimates on Thursday, boosted by its U.S. unit, T-Mobile along with growth in European business. Adjusted earnings before …

– U.S. insurer American International Group Inc topped fourth-quarter profit expectations on Wednesday as it benefited from strong underwriting and lower catastrophe losses at its general insurance business. Catastrophe losses …

By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw …

-Marriott International Inc’s fourth-quarter results topped Wall Street estimates, as increasing vaccination rates and holiday-season traffic boosted occupancy rates across its hotels, sending the company’s shares up over 3% in …